Leapfrog Engineering Services IPO Day 1: Issue booked 9% so far. Check GMP, key details to know
New Delhi, June 17 -- The Leapfrog Engineering Services initial public offering (IPO) began on Wednesday, 17 June, and will end on Friday, 19 June. The Leapfrog Engineering Services IPO price band is Rs.21-23 per equity share, with a face value of Re 1.
Investors can bid for a minimum of 6,000 equity shares, with the option to acquire additional shares in increments of 6,000.
At the upper end of the price band, retail investors will need to invest a minimum of Rs.2.76 lakh to participate in the issue. For non-institutional investors (HNIs), the minimum application size is 3 lots, amounting to an investment of Rs.4.14 lakh.
The IPO allocation has been skewed towards retail investors, who have been reserved 60.07% of the net issue. Non-i...
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